Chapter 288 Two Funds with Different Performances
At 10:08, the ChiNext Index regained its footing at 1,600 points after a correction, and rose 0.87% on the day. A series of stocks with high dividend and bonus themes, such as Dongfang Fortune, Yinzhijie and Tonghuashun, all rose by more than 4%.
Although the Shanghai Composite Index remains at a high level, with an increase even exceeding that of the ChiNext Index, reaching 1.15%, it can be clearly observed from the market that the Shanghai market is severely divided.
Only a part of the weighted stocks are rising and maintaining the index. Among them, the two oil companies undoubtedly made the biggest contribution to the index, followed by CNR and CSR. After a relay-style rise, the share price of CNR and CSR has risen by more than 8%.
At 10:15, with a buying volume of 382 million yuan, the share price of Zhongguo CNR hit 12.36 yuan, hitting the daily limit again. After three trading days of adjustment, it hit the daily limit again for two consecutive days, and the trend was very strong.
"Wow, CSR is so strong. It has hit the daily limit again. Why doesn't the boss let us increase our holdings?" CSR's daily limit again made Xu Jianqing extremely interested. Yesterday, CSR opened more than 2% lower in the morning and quickly pulled up and stabilized on the five-day line in the morning. Xu Jianqing once proposed to increase the holdings of CSR, but was rejected by Gu Junhao.
Gu Junhao naturally knew better than Xu Jianqing whether CSR could increase its holdings. The reason for not increasing its holdings was also unspeakable. Gu Junhao chose to ignore Xu Jianqing's question. In fact, this stock was not in Gu Junhao's plan from the beginning.
The ChiNext Index entered a stage of rapid rise after 10:30. A series of ChiNext heavyweight stocks such as Dongfang Fortune, Tonghuashun and LeTV began to rise sharply. Within half an hour, the ChiNext Index rose by 1%. The rebound of small and medium-sized ChiNext stocks is still continuing.
At the midday close, the ChiNext Index, which had risen sharply, finally surpassed the Shanghai Composite Index by as much as 2.85%. This sustained upward trend continued until 1:15 p.m., when the ChiNext Index rose by 3.5% to 1641.53 points.
After that, after half an hour, the stock index slowly fell back to above 1630 points and maintained a high-level fluctuation trend. The performance of the index entered a rest period, but the performance of individual stocks did not end.
Among Junshi's holdings, Yinzhijie was the first to hit the daily limit, with its share price at 59.94 yuan, continuing to set a new historical high. Yinzhijie's performance is undoubtedly the strongest among the three GEM stocks held by Gu Junhao.
Since the beginning of this year, in the two weeks of trading until today, Yinzhijie has achieved a rapid breakthrough in its stock price through continuous sharp rises, even though the stock index failed to break through the high point of December last year.
Stocks that perform better than related sectors and stock indexes are often the first choice in each round of rebound. Most investors should be aware of the fact that the strong will always be strong.
Following closely behind is Dongfang Fortune, whose share price was 44.14 yuan, up 10%. The capital for closing the board was as high as 2 billion yuan. In the morning, Dongfang Fortune's transaction volume exceeded 1.2 billion yuan, and the share price closed at 43 yuan.
Gu Junhao looked at the closed Dongfang Wealth and said with a smile: "I guess the Shanghai gang is playing relay again. Let's reduce our positions. Both funds should be reduced to 20,000 lots."
Currently, Junshi No. 1 holds 24,000 shares of Dongfang Fortune, while Junshi No. 2 holds 35,000 shares. This time, Gu Junhao plans to buy 19,000 shares at the daily limit, and the total selling amount will exceed 80 million yuan.
Dongfang Wealth is different from ordinary small and medium-sized start-up stocks. In the GEM, its components are similar to the heavyweight stocks in the Shanghai Stock Exchange. There are also many public funds clustered in it. It is impossible to allow hot money to push up the stock price indefinitely.
At Gu Junhao's command, Wang Ruoyu quickly and directly sold 4,000 chips, and Cao Wenxun also sold 15,000 shares of Dongfang Wealth in three orders without hesitation. Today Cao Wenxun was relatively free and replaced Xu Jianqing to operate Dongfang Wealth.
Gu Junhao had as many as 19,000 chips, plus the selling volume in the time-sharing stage. For a while, although Dongfang Fortune still maintained the daily limit price, the trading volume on the time-sharing chart surged to 105 million yuan, and more than 20,000 orders were gone in the blink of an eye.
Gu Junhao's guess was correct. Dongfang Wealth was the Shanghai gang playing relay. Today, it was mainly cooperating with Liyang Road to reduce its holdings. What Gu Junhao did not expect was that Fushan Road was also involved this time. Invisibly, Gu Junhao cut off Ah Fu once again.
"Fuck, who is this? They sold so much. Didn't we agree to keep the price going up? Someone else jumped the gun again?"
"It's not us, it's probably some institution. It's normal for institutions to rush into large-cap stocks. We should have thought about that when we did it."
"The transaction volume is a bit large, should we still close it?"
"Hold it for ten minutes and see. If the trading volume is still so large, withdraw the order first and then see if the market recovers. By the way, you can pull Tong Huashun to attract attention."
"We don't have many chips in Tonghuashun at the moment. It's the hot money in Zhejiang Province that's doing it. Will it attract attention if we rashly pull it up?"
"You don't need to buy a lot, just buy a small amount and send a market message to ask them to cooperate. It has already reached around 8% this morning, so it should also mean a limit up. I believe they will be willing to cooperate."
Eight minutes later, there were still many sell orders on the daily limit of Dongfang Wealth. Part of the funds from the Shanghai Gang began to withdraw the orders on the daily limit, and the orders began to decrease sharply. One minute later, the daily limit of Dongfang Wealth was broken by the volume of more than 45 million yuan in a short period of time.
At the same time, other cooperating members of the Shanghai Gang also used the language of the quotation to place buy orders on Tong Huashun, and they quickly received a response. After ten minutes of fluctuations, Tong Huashun hit the upper limit price.
Afterwards, just like the opening of Dongfang Fortune, Tonghuashun opened again after being closed for 10 minutes, and showed almost the same trend as Dongfang Fortune. Afterwards, it used the same high-level oscillation method to maintain the stock price at a relatively high position between shipment and pallet.
At 14:05 in the afternoon, after half an hour of volatility, Dongfang Fortune and Tong Huashun once again hit the upper limit price. Dongfang Fortune continued to close at 44.12 yuan, and Tong Huashun closed at 63.29 yuan. The two stocks that had been closed again did not open the board until the closing stage.
The share price of 63.29 yuan also made Gu Junhao's market value exceed 100 million yuan for the second time. Cao Wenxun was also secretly delighted. His profit was close to 20%. Li Xinyu waved his fist in the office and shouted "Long live the boss!"
"That's amazing! Are these the only stocks on the ChiNext that can rise? Every day either this one or that one hits the daily limit." Xu Jianqing said with a smile as he looked at the two stocks he held that hit the daily limit again.
After a while, he curiously asked Gu Junhao, "Boss, did Tong Huashun buy the bottom after reducing his position?"
Gu Junhao rolled his eyes at him and said, "I copied it."
Anyway, when the goods are shipped later, they may appear on the Dragon and Tiger List, so it doesn’t make much difference whether you say it or not.
"How much did you copy?" Xu Jianqing asked curiously. Upon hearing that Gu Junhao had copied Tong Huashun again, Cao Wenxun nodded inadvertently, and at the same time admired in his heart that it was true.
"Why are you asking so much nonsense? Have you finished your operations for today?"
"It's done. The market is almost closing. Boss, you look down on me too much. Tell me, how much did you buy at the bottom?" He won't give up until he gets asked.
"I just took back the previous chips. I didn't copy more." Gu Junhao said helplessly.
At the end of the day's trading, the ChiNext Index surged 3.35%, almost forming a bald positive line, closing at 1639.56 points. Based on the low point of the first trading day of this year, which was around 1429 points, the ChiNext Index has rebounded more than 200 points so far, showing an extremely strong performance.
The Shanghai Composite Index was maintained today by some of its weights. After an unsuccessful attempt to hit 3400 points in the afternoon, it closed at 3376.50 points, up 1.20%. Although the index is still at a high level, the related weighted stocks fell by more than 10%, among which the securities sector suffered the largest drop.
For investors who chased the blue chip stocks on the first trading day after the New Year, the effect of earning the index but not making money was very obvious, especially for those investors who sold small and medium-sized stocks at a loss.
The sharp rise of the Shanghai Composite Index did not satisfy many investors. The Shanghai market saw more declines than increases, and most investors cursed and said that blue chip stocks should not be touched.
“Whenever I want to invest in value, value investing always hits me in the face in time!”
"I bought a brokerage firm on the first day of the new year and currently have a 12% loss. I feel very relieved at this moment."
"Although the brokerage firm surged last year, it is still a scumbag this year. Brothers who are stuck at high positions, please be well."
"The new year will start again on the road to making back our investment."
…
After the market closed, Gu Junhao showed a rare concern for the positions of the two funds and asked Xu Jianqing and Wang Ruoyu, "What are the current positions of the two funds?"
"Fund No. 1 is close to half-position, with 188 million yuan in cash and a market value of more than 181 million yuan," Wang Ruoyu replied.
Then, Xu Jianqing quickly replied: "The No. 2 Fund is about the same, with a little over 498 million yuan in cash and a market value of around 512 million yuan."
After the two finished speaking, Gu Junhao also calculated in his mind, and then said with a smile: "The market value of Junshi No. 2 has not exceeded 1 billion yuan. You three have done a good job."
Xu Jianqing grinned, very proud of Gu Junhao's exaggeration, but Wu Peng and Cao Wenxun said modestly: "It's mainly due to the function of Dongfang Wealth. Dongfang Wealth has increased a lot recently."
"Okay, it's good that it didn't break 1 billion. I thought it would break 1 billion today. The performance of the brokerage firm is too poor. I always feel that such a drop is a bit strange, but I can't tell what's strange."
"Indeed, it is normal for high-priced stocks to adjust in a bull market, but it is indeed strange that Huanghe Securities has a unilateral correction of nearly 20% and there is no sign of stopping the decline. Isn't this just giving away chips?"
"Forget it, forget about it. Let's publish the net value of the fund. There's nothing much to say about Junshi No. 1. As for Junshi No. 2, we will try our best to ensure that it can still achieve a return of more than 2% during the opening period."
If the net value of the fund is above 2, the company can achieve a profit commission of more than 50%, but if it is between 1.5 and 2, or even 1.99, it can only get 30%. The difference in profits is quite .
